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Technology Stocks : All About Sun Microsystems
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To: cfimx who wrote (39640)12/23/2000 1:33:47 PM
From: Prognosticator  Read Replies (1) of 64865
 
Right now I'm neutral. I believe SUNW is valued at the correct level, given future expectations of growth, future fear of recession, and the current interest rate level.

Indeed, it always has been, including when it rose above $120 for the first time earlier this year. Just now expectations about the macro economy are different.

While I expect sideways movement in the NAZ for the next six months, I fully expect SUNW to move up, and have placed my options trades appropriately.

P.
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